Handcrafted Soap And Cosmetic Guild Inc
- Assets
- $199.8k
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Saratoga Springs, NY
- Founding
- 06/2018
- Data as of
- 06/2024
- EIN
- 81-4279374
Organization Overview
Handcrafted Soap And Cosmetic Guild Inc is located in Saratoga Springs, NY. The organization was established in 2018. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, Handcrafted Soap And Cosmetic Guild Inc employed 6 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Handcrafted Soap And Cosmetic Guild Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE HANDCRAFTED SOAP & COSMETIC GUILD IS: TO PROMOTE THE HANDCRAFTED SOAP INDUSTRY; ACT AS A CENTER OF COMMUNICATION AMONG SOAPMAKERS; AND CIRCULATE INFORMATION BENEFICIAL TO SOAPMAKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOAPMAKERS GUILD PROVIDES FOR GROUP PROPERTY, CASUALTY, AND PRODUCT LIABILITY INSURNACE THROUGH COLLECTION AND PAYMENT OF PREMIUMS TO AN INSURANCE CARRIER.
ADVOCACY FUND
THE SOAPMAKERS GUILD CONDUCTS AN ANNUAL CONFERENCE OFFER ITS MEMBERS WHICH PROVIDES THE MEMBERSHIP WITH EDUCATIONAL, NETWORKING AND SOCIAL INTERACTION WITH THEIR PEERS AND OTHER ELEMENTS OF THE INDUSTRY.
THE SOAPMAKERS GUILD ALSO PROVIDES INDUSTRY SOAPMAKERR CERTIFICATION SERVICES TO ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leigh O'donnell Executive Di | Trustee | 40 | $152,030 |
Beth Byrne Member | Trustee | $0 | |
Stephanie Falsetta President | Trustee | $0 | |
Sara Golding Secretary/tr | OfficerTrustee | $0 | |
Tracey Heppes Vice Preside | Trustee | $0 | |
Sister Cathleen Timberlake Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $859,391 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $859,391 |
| Total Program Service Revenue | $1,498,169 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,745 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,360,395 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $414,784 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,447 |
| Payroll taxes | $32,895 |
| Fees for services: Management | $27,638 |
| Fees for services: Legal | $22,138 |
| Fees for services: Accounting | $11,737 |
| Fees for services: Lobbying | $47,375 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $110,718 |
| Office expenses | $83,466 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $59,539 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $352,945 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $231 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,561,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,597 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,446 |
| Prepaid expenses and deferred charges | $4,503 |
| Net Land, buildings, and equipment | $1,248 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $199,794 |
| Accounts payable and accrued expenses | $206,776 |
| Grants payable | $0 |
| Deferred revenue | $39,380 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $246,156 |
| Net assets without donor restrictions | -$46,362 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $199,794 |